Iran’s acting president Mohammad Mokhber on July 4 proposed the creation of a joint bank and a common free zones network within the Shanghai Cooperation Organisation (SCO).
The Trump Organization, in collaboration with Dubai-based Dar Global, announced plans on July 1 to construct a Trump Tower in Jeddah, Saudi Arabia.
Regional development bank hopes to give new impetus to Islamic finance in Central Asia.
The aftermath of this year's Hajj pilgrimage has sparked widespread investigations and concerns across the Muslim world.
An unprecedented late heatwave has pushed temperatures in several Iranian cities to record highs, with Ahvaz in the southwestern province of Khuzestan registering as one of the world's hottest spots.
More than 1,000 people are missing or presumed dead in this year’s annual Hajj due to intense heat.
Several dozen adults and one baby have died from heatstroke during this year’s Hajj pilgrimage to Mecca in Saudi Arabia as temperatures surpassed 48 degrees Celsius.
More than 25,000 Russians have embarked on the annual Hajj pilgrimage to the holy sites in Mecca and Medina, Saudi Arabia, setting a new record following increased quotas and the easing of pandemic restrictions.
Several Gulf states are preparing to allow Russian citizens to enter without visas, Russian Economy Minister Maxim Reshetnikov announced on June 12, as part of efforts to boost tourism ties.
Saudi Arabia has launched a self-driving aerial taxi service for pilgrims during this year’s Hajj season
Saudi Arabia’s Health Ministry in Medina has launched a new smart robot cohort in the central area around the Prophet Mohammad’s Mosque in the city.
Potential deal could value United Group, owner of telecoms and pay-TV channels across Southeast Europe, at around €8bn.
China and Saudi Arabia have both declined to attend a Ukraine peace conference in Switzerland next month, citing the absence of Russia as a key reason, various sources confirmed on Friday.
Body of water was created by 1911 earthquake. Experts worry another quake could cause devastating floods, thus draining it could solve more than one problem.
Saudi Arabia's Public Investment Fund (PIF) has announced the creation of Neo Space Group as it angles to enter the commercial space race.
Saudi Arabia has unveiled its latest uber-luxurious resort destination called Nujuma, with prices starting at over $2,000 a night.
Saudi Arabia's futuristic megacity NEOM is gearing up to operate a fleet of electric vertical take-off and landing (eVTOL) aircraft, dubbed "green air taxis", as part of its ambition to build a traffic and pollution-free urban landscape.
Saudi Arabia’s Crown Prince Mohammed Bin Salman has agreed to an invitation to visit Iran following the death of President Ebrahim Raisi.
Chinese state-owned aircraft manufacturer Commercial Aircraft Corporation of China (COMAC) is setting its sights on Saudi Arabia as a strategic base for its international expansion efforts.
Iran is actively participating in initiatives under Russia's leadership in BRICS, with the two countries working towards creating a single currency for the bloc, Iranian Ambassador to Russia Kazem Jalali said to local media.